Verdict- Neutral to Bearish. DCE May24 contract corrected as expected from previous report. Hourly MACD widened in bearish territory. Hourly slow stochastic KD corrected and close to oversold area. Hourly CCI entered bearish territory. Iron ore potentially test low in next session. First support 969.0. First resistance 1009.5.
Category archives: Products
Daily Virtual Steel Mill Report 08/01/24
Verdict: • Short-run Bearish. Macro: • China PBOC announced to promote loans for private enterprises and expanding financing venues for private enterprises. • US December ISM service index decreased to 50.6, lower than expected 52.5, created the sharpest drop over past three months. • Eurozone December CPI annual growth rate reached 2.9%, created the …
Fuel Oil Daily Morning Report 08/01/24
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Base Morning Technical Report 08/01/24
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FIS Fertilizer Market Report 05/01/23
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Supramax & Handysize FFA Daily Report 06/01/24
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Capesize & Panamax FFA Daily Report 06/01/24
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London Iron Ore Market Report 05/01/24
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Fuel Oil Daily Evening Report 05/01/24
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ENGINE: Americas Bunker Fuel Market Update 05/01/24
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